How to finance yourself while cruising fulltime? - SailNet Community
 19Likes
Reply
 
LinkBack Thread Tools
post #1 of 30 Old 05-14-2014 Thread Starter
Member
 
Join Date: Sep 2013
Posts: 89
Thanks: 0
Thanked 4 Times in 4 Posts
Rep Power: 4
 
How to finance yourself while cruising fulltime?

Lets say you just bought a boat. You don't have much money left after fixing her up. But you want to go cruising NOW, not in 5-10 years. What are the best ways to support yourself while sailing full-time?
christian.hess likes this.
khammett is offline  
Quote Quick Reply Share with Facebook
Sponsored Links
Advertisement
 
post #2 of 30 Old 05-14-2014
Invictus
 
Invictus's Avatar
 
Join Date: Dec 2012
Location: Manhattan
Posts: 15
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 0
 
Re: How to finance yourself while cruising fulltime?

Long Gold, short EUR, short JPY, tricky with S&P
The most important part is to have your soul-mate with you on-board full-time
If you have that - everything is possible!
Good luck!
Invictus is offline  
Quote Quick Reply Share with Facebook
post #3 of 30 Old 05-14-2014
Senior Member
 
travlin-easy's Avatar
 
Join Date: Dec 2010
Location: Maryland - USA
Posts: 5,061
Thanks: 1
Thanked 22 Times in 21 Posts
Rep Power: 6
 
Re: How to finance yourself while cruising fulltime?

This, of course, depends upon YOUR talents. Some folks have special skills that are marketable regardless of where they reside. I know dozens of cruisers that can fix any engine ever made, and do it quickly, while others can do some incredible canvas and sail work, have their own heavy-duty sewing machine and an assortment of hardware. Some are freelance writers that have managed to eek out a living with the few print media sailing and boating publications still in print. Me, I'm a musician/singer/entertainer, and for decades I've been in high demand for private parties, senior events, nite clubs, tiki bars, and marina restaurants. I can usually find work everywhere I cruise, unless is a remote island with no inhabitants, or a place that is frequented by the very young college and high-school crowds. My market is primarily folks from 40 to 80 years of age that love to party.

Good luck,

Gary
travlin-easy is offline  
Quote Quick Reply Share with Facebook
post #4 of 30 Old 05-14-2014
Master Mariner
 
capta's Avatar
 
Join Date: Jun 2011
Location: somewhere south of civilization
Posts: 3,618
Thanks: 73
Thanked 179 Times in 170 Posts
Rep Power: 6
 
Re: How to finance yourself while cruising fulltime?

I would suggest that you consider breaking your available cash into two segments; the boat ready to sail, and an annuity. The annuity will give you a fixed income for the duration of the contract, or your life, which is nice.
You will not be allowed to work in a foreign country unless you have a trade that the locals don't and I seriously doubt you are going to be able to finance your sailing with charters.
Some people I know run online stores, but this requires good internet where ever you go. Being a published writer is also a good source of sailing income. Just ask J K Rowling.

"Any idiot can make a boat go; it takes a sailor to stop one." Spike Africa aboard the schooner Wanderer in Sausalito, Ca. 1964.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

facebook.com/svskippingstone
Our Videos;

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
capta is offline  
Quote Quick Reply Share with Facebook
post #5 of 30 Old 05-14-2014
Junior Member
 
aeventyr60's Avatar
 
Join Date: Jun 2011
Location: Andaman Sea
Posts: 2,890
Thanks: 31
Thanked 86 Times in 82 Posts
Rep Power: 6
 
Re: How to finance yourself while cruising fulltime?

10,000 work permits were issued in Phuket, Thailand this year to foreigners...


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.



"Your dreams minus your doubts equals your net worth"

Life is a short journey, filled with emptiness and pain. Get all the sailing and booty you can.
aeventyr60 is offline  
Quote Quick Reply Share with Facebook
post #6 of 30 Old 05-14-2014
Senior Member
 
night0wl's Avatar
 
Join Date: Mar 2006
Location: Fort Lauderdale
Posts: 1,492
Thanks: 0
Thanked 24 Times in 24 Posts
Rep Power: 11
 
Re: How to finance yourself while cruising fulltime?

I think the obvious answer is to have bought a cheaper, likely smaller boat...

S/V Jendai
Beneteau 343
night0wl is offline  
Quote Quick Reply Share with Facebook
post #7 of 30 Old 05-15-2014
Senior Member
 
Join Date: Feb 2007
Location: New Jersey
Posts: 2,447
Thanks: 0
Thanked 8 Times in 8 Posts
Rep Power: 10
 
Re: How to finance yourself while cruising fulltime?

In addition to marketable skills/ talents, I suppose it depends on how much support you need? Probably need to start with a budget..what are your fixed expenses? variable?

And, where you want to cruise to.

There are some threads here that discuss the $500/mo. version and there are a few bloggers that have detailed some realistic expenses. ( like health-care, boat insurance, maintenance etc. )

Last edited by tempest; 05-15-2014 at 12:07 AM.
tempest is online now  
Quote Quick Reply Share with Facebook
post #8 of 30 Old 05-15-2014
Boat Bum
 
Join Date: Jun 2003
Location: Carolinas and Bahamas
Posts: 444
Thanks: 61
Thanked 24 Times in 21 Posts
Rep Power: 14
 
Re: How to finance yourself while cruising fulltime?

1

Last edited by sharkbait; 02-01-2016 at 06:28 PM.
sharkbait is offline  
Quote Quick Reply Share with Facebook
The Following User Says Thank You to sharkbait For This Useful Post:
krazzz (05-15-2014)
post #9 of 30 Old 05-15-2014
Cruising at a snail pace
 
Join Date: Aug 2008
Posts: 2,522
Thanks: 8
Thanked 56 Times in 52 Posts
Rep Power: 9
 
Re: How to finance yourself while cruising fulltime?

lottery

Don't blow air up my rear, be useful and blow it at the sails!
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Don0190 is offline  
Quote Quick Reply Share with Facebook
post #10 of 30 Old 05-15-2014
Living the dream
 
ReefMagnet's Avatar
 
Join Date: May 2008
Location: Mackay Qld AU
Posts: 250
Thanks: 5
Thanked 18 Times in 17 Posts
Rep Power: 9
 
Re: How to finance yourself while cruising fulltime?

Bank jobs
Seaduction likes this.
ReefMagnet is offline  
Quote Quick Reply Share with Facebook
Reply

Tags
cruising , finances , funding , money , sailboat

Quick Reply
Message:
Options

By choosing to post the reply above you agree to the rules you agreed to when joining Sailnet.
Click Here to view those rules.

Register Now



In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.


User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
Finance a boat Jcody2121 Boat Review and Purchase Forum 10 08-27-2009 01:51 PM
Finance or Cash? edstill Boat Review and Purchase Forum 47 11-06-2008 03:20 PM
Its hard to finance right now.... john232 Boat Review and Purchase Forum 80 04-17-2008 11:07 AM
Finance and Insurance parameters boatwatch Boat Review and Purchase Forum 7 10-12-2007 08:37 PM
Windstar's Connoisseurs' Collection: 2007/2008 Itineraries Facilitate Back-to-Back Cruising (PR Newswire via Yahoo! Finance) NewsReader News Feeds 0 04-24-2006 07:15 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome